The word 'credit' means An entry to the left side of an account An increases to an account An entry to the right side of an account A decrease to an account
The word 'credit' means An entry to the left side of an account An increases to an account An entry to the right side of an account A decrease to an account
Chapter5: Completing The Accounting Cycle
Section: Chapter Questions
Problem 1Q: Explain what is meant by the term real accounts (also known as permanent accounts).
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Question
The word 'credit' means
An entry to the left side of an account
An increases to an account
An entry to the right side of an account
A decrease to an account O
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